The Latest in IT Security

Microsoft to acquire Minecraft maker Mojang for $2.5 billion

15
Sep
2014

Microsoft Corp said on Monday it has agreed to acquire Stockholm-based games developer Mojang and the companys wildly popular Minecraft video game franchise for $2.5 billion. Microsoft said in a statement it expects the acquisition to be break-even in fiscal year 2015 on a GAAP basis. Gaming is a top activity spanning devices, from PCs and consoles to tablets and mobile, with billions of hours spent each year, said Microsoft CEO Satya Nadella. Minecraft is more than a great game franchise – it is an open world platform, driven by a vibrant community we care deeply about, and rich with new opportunities for that community and for Microsoft. Microsoft said it plans to continue to make Minecraft available across all the platforms on which it is available today: PC, iOS, Android, Xbox and PlayStation.

Comments are closed.

Categories

FRIDAY, OCTOBER 18, 2019
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments

Social Networks